Interesting Updates On these 4 Stocks - EN1, FTC, PLX, ICQ

  • Apr 08, 2019 AEST
  • Team Kalkine
Interesting Updates On these 4 Stocks - EN1, FTC, PLX, ICQ

engage: BDR Limited

The Internet-based marketplace platform and technology solution provider engage: BDR Limited (ASX: EN1) is based in Melbourne, with operations across Australia, the United States, and other countries worldwide. On April 8th, 2019, the company announced that as of date, it had 800,000 unlisted convertible notes in relation to a further drawdown of the Convertible Securities Agreement as announced on January 30th, 2019 and as approved by shareholders at a general meeting held on April 1st, 2019; and around 749,810 fully paid ordinary shares to settle outstanding liabilities.

engage: BDR has also informed that with the end of Q1 2019, the daily average revenue increased by 323% to AUD 48K per day, relative to the start of the Q1. Moreover, the beginning of Q2 2019 has been strong with the first seven days revenue growth of 228% of the first 7 days of Q1 2019. On April 8th, 2019, the EN1 stock price closed the market trading at AUD 0.047, up 4.44% with ~ 84.91 million shares traded. Also, EN1 has generated a high and positive YTD return of 200%.

Fintech Chain Limited

FinTech Chain Limited (ASX: FTC), is a Hong Kong-based investment holding company listed on the Australian Securities Exchange and engaged in the provision of system development and information technology services in the People’s Republic of China. On April 8th, 2019, FinTech Chain received a tender confirmation from Shaanxi Longwill Tendering Co., Ltd., for the Shaanxi Xinhe Integrated Payment System project following their association with Rural Credit Bank’s Funds Clearing Centre (RCBFCC). The contract with RCBFCC was signed back in January 2019, to enable the provision of clearing services for real-time electronic fund transfers, bank drafts, interbank deposits and withdrawals for China’s rural credit cooperatives, commercial banks, cooperative banks and other local financial institutions.

As per the Interim Report for the six months to September 30th, 2018, FinTech recorded a 304% increase in the revenue from ordinary activities to RMB 28.32 million along with a 182.4% rise in the profits to RMB 9.51 million. On April 8th, 2019, the FTC stock price closed the market trading at AUD 0.037, up 2.77%.

Pyrolyx AG

Pyrolyx AG (ASX: PLX) based in Munich, Germany, is engaged in the engaged in the transformation of waste tyres and extraction of recovered carbon black. On April 8th, 2019, the company announced to have signed a Letter of Intent (LOI) with one of the largest global tyre manufacturers. The LOI specifies a five-year supply agreement building over two years to 10,000-15,000 tons per annum of recovered rCB, which will initially be supplied both from Pyrolyx’s existing plant in Stegelitz Germany and its plant in Terre Haute Indiana, due to commence operations in June 2019.

As per agreement, there will also be development of further Pyrolyx manufacturing capacity in Eastern Europe with operations expected by end of next two years. The company released its Annual Report for the year ended December 31st, 2018, posting the revenue from ordinary activities at EUR 579,000, up on EUR 347,000 as of December 31st, 2017. With a current market valuation of AUD 49.46 million, the PLX stock price last closed at AUD 0.650, zooming up by 6.56% on April 8th, 2019.

icar Asia Limited

iCar Asia Limited (ASX: ICQ), established in 2012 and headquartered in Kuala Lumpur, Malaysia, develops and operates Internet based automotive portals for used and new car buyers in South East Asia. The company released its financial results for the first quarter of the calendar year 2019 (Q1 2019), reporting the Cash receipts from customers at a record high of AUD 3.8 million, up 25% by AUD 0.8 million as compared to Q4 2018. Strong account renewals mainly drove the rise in Thailand and higher collections from Indonesia’s classified business that introduced paid subscription in September 2018.

Besides, iCar Asia also recorded the unaudited revenue growth of 30% year-on-year to AUD 2.6 million. The net operating cashflows improved by 20% quarter on quarter with a decrease of AUD 0.5 million. Moreover, while Malaysia and Thailand recorded quarterly positive EBITDA and net cash flow for Q1 2019, Indonesia also reported a steady progress as it nearly halved its quarterly EBITDA loss year-on-year. iCar Asia’s current market valuation stands over AUD 86.40 million with ~ 384.37 million outstanding shares. The ICQ stock price soared by 6.67% to AUD 0.240 with the close of market trading on April 8th, 2019.


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.


All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK